BlackRock educates its clients about crypto assets, highlighting Bitcoin's unique role and significance in global payments.

In a new question-and-answer video series dubbed, iShares' The Ask, Anna Nerys, a product analyst, discussed the different types of digital assets.

A product analyst at iShares, a subsidiary of BlackRock (NYSE:), explained the different types of digital assets in a new question-and-answer video series dubbed, The Ask. The series, which is hosted by iShares, aims to educate viewers on various investment topics.

In one segment of the series, Anna Nerys discussed digital assets, highlighting Bitcoin's unique role and significance in global payments.

Digital assets are anything in the digital realm that has monetary value, such as data, intellectual property, and cryptocurrencies, Nerys stated. She added that the term "digital assets" is broad and encompasses various assets.

Among the types of digital assets, cryptocurrencies are the most well-known. In particular, Bitcoin is the world's largest cryptocurrency by market cap and an emerging global monetary alternative.

The product analyst went on to list some features of Bitcoin that make it a suitable monetary alternative.

For instance, Bitcoin transactions can be processed quickly and at a lower cost, making it ideal for cross-border settlements. The iShares product analyst noted that Bitcoin can function without relying on third parties like banks or governments.

Her commentary positions Bitcoin not just as any other digital asset but one that can redefine the global financial space by functioning as a monetary alternative.

It is worth mentioning that BlackRock offers a spot-based exchange-traded fund (ETF) tied to Bitcoin, known as the iShares Bitcoin Trust (IBIT). The fund, which is the fastest-growing ETF, has an AUM of nearly $40 billion.

This remarkable surge in IBIT's AUM indicates the substantial interest that institutional investors have in Bitcoin.

As reported by Benzinga earlier, Head of Digital Assets at BlackRock, Robbie Mitchnick, believes that the price of BTC could rise to reflect this growing institutional adoption.

Bitcoin is currently trading at $86,237, showing an increase of 3.25% in the past 24 hours. The asset has also seen a rise of 4.1% in the past seven days, with a daily volume of $37.16 billion.